West Red Lake Gold Mines Ltd. Stock Price
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If gold reaches $4,000 per oz
A case for CAD$ 11.28 (USD $8.30) by 2029
If gold reaches $4,000 per oz
West Red Lake Gold Mines – $4,000 Gold Scenario Assumptions Production: 100,000 oz/year AISC: $1,200/oz Gold Price: $4,000/oz Valuation Multiple: 10× FCF Shares Outstanding (assumed): 100M Step 1: Revenue Revenue = 100,000 oz × $4,000 = $400,000,000 Step 2: Costs Costs = 100,000 oz × $1,200 = $120,000,000 Step 3: Free Cash Flow (FCF) FCF = $400,000,000 – $120,000,000 = $280,000,000 Step 4: Market Cap (10× FCF) Market Cap = $280,000,000 × 10 = $2,800,000,000 Step 5: Stock Price Stock Price = $2,800,000,000 ÷ 100,000,000 = $28/share ✅ Conclusion: At $4,000/oz gold, 100k oz/year production, and $1,200/oz AISC, West Red Lake could trade around $28/share (based on 100M shares). ⚠️ With the actual 2025 share count (~343M basic / ~517M fully diluted) , the per-share price would be much lower.Read more

A case for CAD$ 11.28 (USD $8.30) by 2029
West Red Lake Gold Mines is betting it can bring the Madsen mine back to life and turn nearby Rowan into a second growth engine, just as a stronger gold market could lift even small miners. The big question is whether it can hit its ramp-up plans without getting squeezed by rising costs, delays, or the need to raise more money.Read more

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A case for CAD$ 11.28 (USD $8.30) by 2029
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West Red Lake Gold Mines Ltd. Key Details
- 0.016
- 46.11%
- 4.49%
- 105.4%
About WRLG
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West Red Lake Gold Mines Ltd., a mineral exploration company, acquires, explores, evaluates, and develops gold properties in Canada. Its flagship property is the Madsen gold mine project, which comprises 241 mining leases, mining patents, and unpatented mining claims covering an aggregate area of 4,648 hectares located in the Red Lake Gold District of Northwestern Ontario. West Red Lake Gold Mines Ltd. is headquartered in Vancouver, Canada.